In the United States, ________ percent of all firms are partnerships
A) 4 B) 10 C) 14 D) 26
B
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Assume that business investment spending rises, and the increase is funded by greater borrowing in the capital markets. If the nation has low mobility international capital markets and a fixed exchange rate system, what happens to real GDP and the monetary base in the context of the Three-Sector-Model? a. Real GDP rises and monetary base rises
b. Real GDP rises and monetary base falls. c. Real GDP and monetary base fall. d. Real GDP and monetary base remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Innovation is the act of putting an invention to practical use.
Answer the following statement true (T) or false (F)
What function is money serving when you deposit money in a savings account?
A unit of account A store of value A checkable deposit A medium of exchange
The effects of the national health care program on labor markets will
A) increase the quantity supplied of labor.
B) decrease the quantity supplied of labor.
C) increase the quantity demanded for labor.
D) decrease the quantity demanded for labor.